DOWDOW INC.
Plastic Materials, Synth Resins & Nonvulcan Elastomers
- Revenue
- $40.0B
- 7.0% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $12.6B net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired22% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowFired144% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear13% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $55.0B | $56.9B | $44.6B | $43.0B | $40.0B | 7.0% |
| Operating cash flow | $7.0B | $7.5B | $5.2B | $2.9B | $1.0B | 65% |
| Capex | $1.5B | $1.8B | $2.4B | $2.9B | $2.5B | 16% |
| Stock-based comp | $276M | $211M | $212M | $159M | $154M | 3.1% |
| Buybacks | $1.0B | $2.3B | $625M | $494M | $0 | 100% |
| Dividends | $2.1B | $2.0B | $2.0B | $2.0B | $1.5B | 24% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.